UPCOMING EVENTS: Monday: German IFO. Tuesday: US Consumer Confidence. Wednesday: Australia Monthly CPI. Thursday: Switzerland Q4 GDP, US Durable Goods Orders, US Q4 GDP (2nd estimate), US Jobless Claims. Friday: Tokyo CPI, France CPI, Germany CPI, Canada GDP, US PCE. Tuesday The US Consumer Confidence is expected at 103.0 vs. 104.1 prior. The last report…
The Indian market extended its losses on Friday, with all 13 major sectors closing in the red, as investors fretted about the impact of U.S. President Donald Trump’s proposed reciprocal tariffs. Pharma stocks, heavily reliant on U.S. revenue, faced the sharpest declines. The benchmark BSE Sensex lost 199.76 points or 0.26% to close at 75,939.21,…
The Indian market ended in the red on Friday, dragged down by interest-rate-sensitive financial stocks, after the Reserve Bank of India (RBI) slashed interest rates for the first time in nearly five years, as widely expected, to revive economic growth. The benchmark BSE Sensex lost 197.97 points, or 0.25%, to close at 77,860.19, while the…
Dipan stays cautious, preferring to raise cash instead of investing in high-valuation stocks. While watching the market closely, he sees potential in opportunities created by the budget and the correction in capital goods stocks. However, he feels it’s not yet the time for major investments. Source link
The Indian market ended in the red on Friday, reversing early gains as concerns over a potential slowdown in corporate earnings overshadowed optimism about lower U.S. interest rates and declining oil prices. The downturn was primarily driven by a sell-off in pharma, real estate, and auto stocks. The benchmark BSE Sensex lost 329.92 points or…
UPCOMING EVENTS: Monday: PBoC LPR,US Presidential Inauguration Day, BoC Business Outlook Survey, New Zealand Services PMI. Tuesday: UK Employment report, German ZEW, Canada CPI, New Zealand Q4 CPI. Thursday: Canada Retail Sales, US Jobless Claims. Friday: Japan CPI, BoJ Policy Decision, Australia/Japan/Eurozone/UK/US Flash PMIs. Monday The PBoC is expected to keep the LPR rates unchanged…
The Indian market closed in the red on Friday, ending a three-day winning streak. The decline was led by losses in IT giant Infosys and private lender Axis Bank following the release of their quarterly results, with IT stocks tumbling due to mounting worries about earnings growth in the current quarter and persistent foreign outflows…
UPCOMING EVENTS: Monday: NY Fed Inflation Expectations. Tuesday: US NFIB Small Business Optimism Index, US PPI. Wednesday: UK CPI, US CPI. Thursday: Japan PPI, Australia Employment report, UK GDP, US Retail Sales, US Jobless Claims, US Import Prices, US NAHB Housing Market Index, New Zealand Manufacturing PMI. Friday: China activity data, UK Retail Sales, US…
India’s benchmark indices ended lower on Friday, marking their first decline in 2025 after gains in the year’s initial two sessions. The retreat was driven by losses in heavyweight financial and IT stocks, as investors turned cautious ahead of the corporate earnings season set to kick off next week. The benchmark BSE Sensex lost 720.60…
UPCOMING EVENTS: Monday: China Caixin Services PMI, German CPI, Canada Services PMI. Tuesday: Switzerland CPI, French CPI, Eurozone CPI, US ISM Services PMI, US Job Openings. Wednesday: Australia Monthly CPI, Eurozone PPI, US ADP, FOMC Minutes. Thursday: Japan Average Cash Earnings, Eurozone Retail Sales, US NFIB Small Business Optimism Index, US Jobless Claims. Friday: Switzerland…